WATERSTONE AS
Organization
- CEO
- TH
Torstein Holsvik1977
- Chairman of the board
- TH
Torstein Holsvik1977
- Years since formation
- 12 years
- since Jun 18, 2013
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 300
- 1 share class
- Total number of shareholders
- 1
- person
Financials
- Total operating income 2024
- 247,450
- NOK
- Annual total result 2024
- -616,385
- NOK
- Total equity 2024
- 11,448,661
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
TH 1977 | Managing Director/CEO | 100 % directly |
Board
| Name | Role | Shares |
|---|---|---|
TH 1977 | Chairman | 100 % directly |
EH 1981 | Alternate Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
TH 1977 | Managing Director/CEO, Chairman | 100 % directly |
Last update: Feb 28, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
TH 1977 | Ordinary shares | 300 | 100 % |
Shares owned by the WATERSTONE AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 300,000 | 50 % | |
| Ordinary shares | 550 | 50 % | |
| Ordinary shares | 100 | 50 % | |
| Ordinary shares | 233 | 23.3 % | |
| Ordinary shares | 918,592 | 18.39 % | |
| Ordinary shares | 176 | 3.82 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 247,450 | 523,680 | 552,458 | 329,220 |
Annual Total Result | -616,385 | -707,186 | -1,248,517 | -212,130 |
Total assets | 21,146,670 | 16,900,769 | 18,000,399 | 16,738,550 |
Total liabilities | 9,698,009 | 4,835,723 | 5,228,168 | 2,457,801 |
Total equity | 11,448,661 | 12,065,046 | 12,772,231 | 14,280,748 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 247,450 | 523,680 | 552,458 | 329,220 |
Total operating costs | 927,089 | 1,142,543 | 1,350,763 | 832,454 |
Operating result | -679,639 | -618,863 | -798,305 | -503,234 |
Financial income/costs | 63,255 | -88,323 | -450,212 | 291,104 |
Profit before tax | -616,385 | -707,186 | -1,248,517 | -212,130 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | 0 |
Annual Total Result | -616,385 | -707,186 | -1,248,517 | -212,130 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 20,261,369 | 16,461,377 | 16,197,024 | 13,529,827 |
Total current assets | 885,301 | 439,392 | 1,803,375 | 3,208,722 |
Total assets | 21,146,670 | 16,900,769 | 18,000,399 | 16,738,550 |
Short term debt | 988,446 | 67,823 | 465,779 | 551,137 |
Long term debt | 8,709,563 | 4,767,900 | 4,762,389 | 1,906,664 |
Total liabilities | 9,698,009 | 4,835,723 | 5,228,168 | 2,457,801 |
Contributed capital | 30,000 | 30,000 | 30,000 | 30,000 |
Retained earnings | 11,418,661 | 12,035,046 | 12,742,231 | 14,250,748 |
Total equity | 11,448,661 | 12,065,046 | 12,772,231 | 14,280,748 |
Total equity and liabilities | 21,146,670 | 16,900,769 | 18,000,399 | 16,738,550 |
Classification
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises